Swift Transportation Co.’s
revenue fell in the most recent quarter, the seventh straight decline, as a freight market downturn continues to take a toll on the trucking company, driving down profit and revenue for the year.

The largest truckload carrier in the U.S. with more than 40 terminals in the U.S. and Mexico has been scaling back its fleet in response to the market downturn. In the fourth quarter, it took another 210 trucks off service, ending the period with 746 fewer trucks than last year.